Wall St holds Trump trade gains with stocks steady, bitcoin at record high

Quick Summary:

WALL Street kicked off a busy week on Monday by holding on to gains from the surge in stocks that followed Donald Trump's U.S.election victory, while oil prices declined and bitcoin raced to a new record high.

The euro dropped to its lowest level in 6-1/2 months against the dollar on Monday as investors worried about possible U.S.tariffs that would hurt the euro area's economy.

China's National People's Congress Standing Committee unveiled a 10 trillion-yuan ($1.39 trillion) debt package on Friday to ease local government financing strains and stabilize flagging economic growth.

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Category: EconomyBusiness

Markets: MalaysiaChinaHong KongJapan

Topics: Trading Markets NYSE Dow Jones Wall Street /Business/Business News Commodities Dollar Nasdaq

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 07:58:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 764 words

Reading Time: 5 minutes read

Sentences: 24 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23538819

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

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Year Established: 1971

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News Last Updated: 1 hours ago

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